very urgent

On March 31, 2020, Sally's Shovel Shop is determining the lower of cost and net realizable value of its inventory Required: a. In the table below determine the lower of cost and net realizable value of the ending inventory assuming Sally's Shovel Shop applies LCNRV on individual items b. Prepare the journal entry required, if any, to record the adjustment from cost to the Tower of net realizable value Paragraph B TU A Part a. Product Total Cost Total NRV LCNRV Shovel Scoop $300 700 $280 $875 Total $1,000 Part b